Centara Hotels & Resorts to Expand Internationally with 41 New Properties, Emphasizing Asset-Light Model
🏨 Centara Hotels & Resorts aims for international growth by partnering with large investors instead of individual deals, COO Michael Henssler announced. Part of Thailand's Central Group, Centara operates 52 hotels: 23 owned/joint ventures and 29 managed, with 41 more in development. Their brands include Centara Reserve, Centara Grand, and others, with locations in the Maldives, Japan, and the Middle East. This asset-light strategy emphasizes management over ownership.
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